NOT LISTED FOR SALE

Estimated Value: $700,000 - $953,000

6 Beds
4 Baths
2,224 Sq Ft
$365/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $570,000 $256 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,949/month

19 Days on Market

Highlights

  • Modern Architecture
  • No HOA
  • Skylights
  • Del Dayo Elementary School Rated A-
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of July 2018

An incredible investment opportunity. This unique duplex, designed and built by an aerospace engineer in 1964, is located in Del Dayo Riviera Estates. Very close to Del Dayo Elementary and desirable middle and high schools. Enter the interior and walk into a tropical retreat. All original, the post modern design elements of the early 60's were incorporated to create a space of tranquility. New roof in 2016 (see Attached). So Much Potential!

Last Agent to Sell the Property

Frank Guidi

Nick Sadek Sotheby's International Realty License #01182374 Listed on: 05/19/2018

Nick Sadek Sotheby's International Realty

Co-Listed By

Roslyn Levy-Weintraub

Corcoran Global Living License #00796555

Last Buyer's Agent

Terry Jensen

eXp Realty of California Inc. License #01704538

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,704

Year Built

  • Built in 1964

Lot Details

  • 0.39

Home Design

  • Duplex
  • Modern Architecture

Interior Spaces

  • 1-Story Property
  • Skylights

Parking

  • 1 Parking Space Included
  • 2 Covered Spaces

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 0.39 Acre Lot

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 289-0373-001-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,704

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1964
  • Architectural Style: Modern/High Tech
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Electric Cook Top,Electric Water Heater,Free Standing Refrigerator
  • Interior Amenities: Skylight(s)
  • Flooring: Carpet,Concrete,Stamped,Tile

Exterior Features

  • Construction Materials: Block,Stone,Wood
  • Disclosures/Documents: Structural Pest Control Report
  • Listing Price: 599000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Flat,Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 2
  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Extra Storage,Yard Space
  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD4
  • Lot Size Acres: 0.3949
  • Lot Size Sq Ft: 17202

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 1

Multi Family

  • Gross Income: 37200
  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 289-0373-001-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2018
Closed on
Jul 23, 2018
Sold by
Gelasakis Maria S
Bought by
Gelasakis Stephen
Seller's Agent
Frank Guidi
Nick Sadek Sotheby's International Realty
Buyer's Agent
Terry Jensen
eXp Realty of California Inc.
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%
Current Estimated Value
$812,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,426
Avg. Annual Appreciation
5.03%
Original Mortgage
$285,000
Outstanding Balance
$258,073
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$554,353

Purchase Details

Listed on
May 19, 2018
Closed on
Jun 19, 2018
Sold by
Cohen Peter J and Cohen David B
Bought by
Gelasakis Stephen
Seller's Agent
Frank Guidi
Nick Sadek Sotheby's International Realty
Buyer's Agent
Terry Jensen
eXp Realty of California Inc.
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$258,073
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$554,353

Purchase Details

Closed on
Mar 20, 2012
Sold by
Cohen Jerome M
Bought by
Cohen Jerome M and Jerome M Cohen Trust

Purchase Details

Closed on
Jun 9, 2005
Sold by
Cohen Jerome M
Bought by
Cohen Jerome M and Jerome M Cohen Trust

Purchase Details

Closed on
Jun 27, 2002
Sold by
Cohen Jerome M and Cohen Judith Z
Bought by
Cohen Jerome M

Purchase Details

Closed on
Aug 6, 2001
Sold by
Cohen Judith Z
Bought by
Cohen Jerome M

Purchase Details

Closed on
Sep 27, 1996
Sold by
Cohen Jerome M and Cohen Family Trust
Bought by
Cohen Jerome M and Cohen Judith Z

Purchase Details

Closed on
Nov 30, 1995
Sold by
Cohen Jerome M and Cohen Judith Z
Bought by
Cohen Jerome M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.67%

Purchase Details

Closed on
Oct 13, 1995
Sold by
Cohen Jerome M and Cohen Family Trust
Bought by
Cohen Jerome M and Cohen Judith Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.67%

Purchase Details

Closed on
Sep 26, 1994
Sold by
Cohen Jerome M
Bought by
Cohen Jerome M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gelasakis Stephen -- Placer Title Company
Gelasakis Stephen $570,000 Placer Title Company
Cohen Jerome M -- None Available
Cohen Jerome M -- None Available
Cohen Jerome M -- --
Cohen Jerome M -- --
Cohen Jerome M -- --
Cohen Jerome M -- First American Title Ins Co
Cohen Jerome M -- First American Title Ins Co
Cohen Jerome M -- --
Cohen Jerome M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelasakis Stephen $285,000
Previous Owner Cohen Jerome M $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $570,000 -4.8% $256 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $599,000 -- $269 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,704 $635,840 $326,286 $309,554
2024 $7,704 $623,374 $319,889 $303,485
2023 $7,512 $611,152 $313,617 $297,535
2022 $7,471 $599,169 $307,468 $291,701
2021 $7,350 $587,422 $301,440 $285,982
2020 $7,215 $581,400 $298,350 $283,050
2019 $7,073 $570,000 $292,500 $277,500
2018 $1,721 $128,814 $31,661 $97,153
2017 $1,764 $126,290 $31,041 $95,249
2016 $1,643 $123,815 $30,433 $93,382
2015 $1,617 $121,956 $29,976 $91,980
2014 $1,586 $119,568 $29,389 $90,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18032456

MetroList

APN: 289-0373-001